'In terms of completely dead, I don’t think so.' Mullin said in an interview with CoinsNetwork, 'eventually, it’s gonna bounce back, but not the way it was last year by any means. That’s a different game.'

For him, unquestionably, it is one of the most decisive considerations for investing in blockchain projects. Kenetic has been looking for entrepreneurs developing solid businesses, and projects building products that add values and that people would use, according to Chang.